Malta to start issuing licenses to cryptocurrency operators from October

4 Aug 2018

Following the enactment of the Law on Virtual Financial Assets by the Maltese Government, by October, the Malta Financial Services Authority (MFSA) is expected to start processing and issuing licences for Issuers of Virtual Financial Assets. The MFSA is currently holding a consultation aimed at transcribing financial regulation standards to cryptocurrency.

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The digital currencies story is a continuation of the long-running saga of economics, markets, and commodity exchange in human society. With the constant rise of the global network, we have witnessed many global services becoming widely accepted and in a way changing (by adding to) our experience of mutual interaction.

 

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